Hi. GJ Short trade open 
{quote} thanks. I will give it a try. How do you use it in your analysis. confirm it with demand zones?
of the indicator since I have found that areas with heavy trading activity can be seen and analyzed even without the PVA indicator using simple (non-coloured) volume count chart (i.e. the default plain red/green volume). I ditched the indicator as of this morning 
I'll post what I have learned regarding this matter in a few hours from now (and of course, let the seniors correct me if I am wrong) since I don't have access to metatrader in my office currently (they blocked almost all forex brokers website saying that it is similar to gambling -_-)Thanks to tah for the comment on using useless indicators for trading. It will definitely save a lot of lives further down the harsh trading path
Cheers,
Al
Entities should not be multiplied without necessity - Occam's razor
- #72,863
- Jun 5, 2014 3:14am Jun 5, 2014 3:14am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
EUR/USD Trade Closed For BE:
With the 2 high-impacts tonight anything could happen and I'd rather not suffer from a possible rate cut in the Euro.
EUR/JPY Trade Closed For +129.8.
Closed for the same reasons.
With the 2 high-impacts tonight anything could happen and I'd rather not suffer from a possible rate cut in the Euro.
EUR/JPY Trade Closed For +129.8.
Closed for the same reasons.
- #72,864
- Jun 5, 2014 3:30am Jun 5, 2014 3:30am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} I used it a few days ago to understand how to spot major S/R levels, i.e. how to discriminate between major and minor S/R levels. It seems that tah have concluded about the "degree of usefulness"
Well, when on the clock for pay, one should give all to the employer. On the other hand, what about giving your all to the company, for naught but the meager pay, year after year after year, with the hope of good advancements in positions and pay? I wonder if they'd consider that an even worse gamble.
-tah
{quote} "I don't have access to metatrader in my office currently (they blocked almost all forex brokers website saying that it is similar to gambling -_-)" Well, when on the clock for pay, one should give all to the employer. On the other hand, what about giving your all to the company, for naught but the meager pay, year after year after year, with the hope of good advancements in positions and pay? I wonder if they'd consider that an even worse gamble.
I really am trying to learn an earn here as everyone else. If I offended you or anyone here in any way, please give some pardon on my poor soul Cheers,
Al
Entities should not be multiplied without necessity - Occam's razor
- #72,866
- Edited 3:55am Jun 5, 2014 3:44am | Edited 3:55am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} Why not have a meager pay AND a decent living from trading?
Those at the tops of, and behind the Robber Banks. and other major companies, sit on their asses and take millions a year for doing next to nothing! And they begrudge hard working folks that want to do something to free themselves from being slaves, working in financial bondage to these super-rich bastards.
-tah
{quote} You missed the point. You said your company considers forex trading a gamble. The point is that having a job with the company, and expecting an increasingly good future with that company is probably the real gamble! And I wonder what the company would say about that gamble! -tah
That's why I want to learn from all of you and relying on your comments to steer me into the path of light (and hopefully, thick purse ). I understand the "no pain, no gain" policy and promise will never ever ask dumb questions ever again, lol.Sorry to clutter this thread with my comments, Sonicers. I'll post a trade the next time we meet
Cheers,
Al
Entities should not be multiplied without necessity - Occam's razor
- #72,872
- Edited 6:04am Jun 5, 2014 5:46am | Edited 6:04am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GU, entered 2 short scouts ahead of news 
Update; closed scalp on M1 classic +22.1 gain standard, 2 lots
Regards,
Cigarguy
Update; closed scalp on M1 classic +22.1 gain standard, 2 lots
Regards,
Cigarguy
Keep It Simple
- #72,875
- Jun 5, 2014 6:23am Jun 5, 2014 6:23am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hi all, New kid on the block and I would like to thank all of you for your candor! I jumped on the NZUS yesterday and had not figured out a TP. Thanks FXRobert for adding to my insight and now feinan for confirming my gut. I am adjusting my TP. Cheers {image}
Please remove your order window on your posts so all can see your charts clearly with no obstructions
Thank You and Regards,
Cigarguy
Keep It Simple
First trade of the day.. NZD/USD Classic Long after a pinbar spotted...TP SL set, not gonna touch the trade.. let it be.. {image}
t.me/LWBRfx Discord.io/LWBR
- #72,877
- Edited 7:27am Jun 5, 2014 6:33am | Edited 7:27am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GU, the reason I closed at the indicated support area with this scalp, you can see from short term support it reversed.
Regards
Cigarguy
Regards
Cigarguy
Keep It Simple
